(TCO 1) If products are alike, then for costing purposes (Points : 5) (TCO 1) Ireland Company produces a special spray nozzle. The budgeted indirect total cost of inserting the spray nozzle is $180,000. The budgeted number of nozzles to be inserted is 80,000. What is the budgeted indirect cost allocation rate for this activity? (Points : 5)

(TCO 2) Fixed overhead costs include (Points : 5)

(TCO 2) Information pertaining to Brenton Corporation’s sales revenue: ………Management estimates that 5% of credit sales are not collectible. Of the credit sales that are collectible, 75% are collected in the month of sale and the remainder in the month following the sale. Cost of purchases………(Points : 5)

(TCO 6) What type of cost is the result of an event that results in more than one product or service simultaneously? (Points : 5)

(TCO 6) Which of the following is a disadvantage of the physical-measure method…..? (Points : 5)

(TCO 7) An understanding of life-cycle costs can lead to (Points : 5) (TCO 7) Each month, Haddon Company has $300,000 total manufacturing costs (20% fixed) and $125,000 distribution and marketing costs (75% fixed). Haddon’s monthly sales are $600,000. The markup percentage on full cost to arrive at the target (existing) selling price is (Points : 5)

(TCO 8) The costs used in cost-based transfer prices (Points : 5)

(TCO 8)The seller of Product A has no idle capacity and can sell all it can produce at $25 per unit. Outlay cost is $10. What is the opportunity cost, assuming the seller………? (Points : 5)

(TCO 8) When companies do not want to use market prices or find it too costly, they typically use ________ prices, even though suboptimal decisions may occur. (Points : 5)

(TCO 9) The Hassan Corporation has an electric mixer division and an electric lamp division. Of a $50,000,000 bond issuance, the electric mixer division used $24,000,000 and the electric lamp division ACCT 434 used $26,000,000 for expansion. Interest costs on the bond totaled $1,500,000 for the year. What amount of interest costs should be allocated to the electric lamp division? (Points : 5)